Reinsurance Group of America, Incorporated (RGA) Q3 FY2026 earnings

Reported results

• Net income available to RGA shareholders was $456 million, or $6.92 per diluted share, compared with $253 million, or $3.81 per diluted share, in the prior-year quarter.
• Non-GAAP adjusted operating income totaled $558 million, or $8.49 per diluted share, compared with $310 million, or $4.66 per diluted share, in the prior-year quarter.
• Non-GAAP adjusted operating income, excluding notable items, was $558 million, or $8.49 per diluted share, compared with $424 million, or $6.37 per diluted share, in the prior-year quarter.
• Consolidated net premiums totaled $5,352 million for the third quarter, compared with $4,280 million in the prior-year quarter.
• Book value per share was $178.89, while non-GAAP book value per share, excluding accumulated other comprehensive income (AOCI), was $179.51 at September 30, 2026.
• The company returned $139 million to shareholders during the quarter, comprising $75 million in share repurchases and $64 million in dividends paid.

Notes

RGA completed its annual actuarial assumption review in the third quarter of 2026, resulting in no net impact to consolidated pre-tax adjusted operating income.

Price and volatility reaction

The stock moved -0.0% on the print. No front-expiry chain was on file, so there is no straddle expected move.

Source

The figures above come from the earnings release the company filed with the SEC on 2026-11-05 (8-K, Item 2.02). Read the original filing on sec.gov.